Stock-based Compensation (Tables)

3 Months Ended

Mar. 31, 2013

Weighted Average Assumptions for Options Granted

The following table presents the weighted-average assumptions for options granted during the three months ended March 31, 2012:

	Three Months Ended
	March 31,
	2012
	(unaudited)
Expected term (in years)	6.4
Risk-free interest rate	1.45%
Dividend yield	None
Volatility rate	42%

Effects of Stock Based Compensation on Condensed Consolidated Statement of Operations

The following table presents the effects of stock-based compensation on the Company’s condensed consolidated statement of operations during the periods presented (in thousands):

	Three Months Ended
	March 31,
	2013		2012
	(unaudited)
Stock-based compensation expense:
Marketing	$	92	$	51
Technology and development		226		148
Customer service and operations		77		42
General and administrative		383		183
	$	778	$	424

Stock Option Activity and Related Information

Stock option activity and related information during the period indicated was as follows (unaudited):

				Weighted-				Exercisable
				Average				Weighted-
	Options			Exercise		Options		Average
	Outstanding			Price		Exercisable		Exercise Price
Outstanding at December 31, 2012		6,730,520		$	5.10		3,352,116	$	2.20
Granted		—			—
Exercised		(218,484	)		1.83
Forfeited		(28,227	)		5.44
Outstanding at March 31, 2013		6,483,809		$	5.21		3,543,365	$	2.70